Qualified Allocation Plans

The Multifamily Finance Division of the Texas Department of Housing and Community Affairs (TDHCA) posted the 2020 Qualified Allocation Plan (QAP) Project Plan. The 2020 QAP Project Plan will guide staff’s stakeholder engagement process in order to develop ideas to be considered in the development of the 2020 QAP.

The Indiana Housing & Community Development Authority (IHCDA) Board of Directors approved Bond Volume/ 4 percent Credits to preserve over 800 units of affordable housing in the cities of Bloomington, Evansville, and Indianapolis, with a total development cost of $78 million. The board also approved the final draft of the 2020-2021 Qualified Allocation Plan (QAP) […]

Oregon Housing and Community Services (OHCS) will hold a Housing Stability Council meeting will be on Friday, April 5, 2019 from 9 am – 1 pm PDT. Attendees can participate in person at OHCS (725 Summer St. NE, Salem, OR) in conference room 124 A/B or via phone: 1-877-273-4202; Participant Code: 4978330. The meeting materials […]

The 9 percent LIHTC timeline and FAQs from the New Jersey Housing and Mortgage Finance Agency (NJHMFA) are now available here.

The Tennessee Housing Development Agency (THDA) along with its partners, the Tennessee Department of Economic and Community Development and the Tennessee Department of Health have posted a draft Annual Action Plan detailing guidance for the federal allocation of an estimated $50 million for housing and community development in Tennessee.

The Arizona Department of Housing (ADOH) is holding a public hearing to receive input on the 2019-2020 Annual Action Plan, the 2019-2020 National Housing Trust Fund Annual Allocation Plan and the 2019-2020 Weatherization Assistance Program State Plan on April 4, 2019 at 10 am MST at the Arizona Department of Housing, 1110 West Washington Street, Suite […]

The Illinois Housing Development Authority (IHDA) released a draft LIHTC Manual for Owners and Agents of IHDA financed properties and is making the draft available for public comment for 30 calendar days. Please address your feedback on the draft manual directly to Kristin Ostberg, Policy & Procedure Analyst, at kostberg@ihda.org no later than March 31, 2019.

The Illinois Housing Development Authority (IHDA) will host QAP Summits to discuss the effectiveness of current and future QAP incentives. IHDA intends these sessions to be a partnership building exchange where IHDA will share preliminary thoughts regarding major changes being planned for the next QAP and will receive input and suggestions from the affordable housing community.

The New Jersey Housing and Mortgage Finance Agency (NJHMFA) adopted a new rent reset rule that allows apartment rents to be adjusted when a unit is vacated, without pre-approval of the increase from NJHMFA. The new rule allows NJHMFA property owners to raise rents on vacant units to meet current affordability standards, thereby increasing operating revenue to ensure a better quality building over the long term. NJHMFA also published two proposals for comments, which are due May 17, 2019.

The New Jersey Housing and Mortgage Finance Agency (NJHMFA) sent an email to clarify misconceptions regarding senior properties and file submission requirements.

The West Virginia Housing Development Fund released the 2019 LIHTC set-aside categories and amounts. Fifteen percent of the per capita portion of the State Housing Credit Ceiling for 2019 is $746,895. Please refer to the Limitations on Amount of Property Allocation subsection (pages 35 and 36) of the LIHTC Manual.

The Colorado Housing and Finance Authority (CHFA) has implemented new steps to manage its Private Activity Bond (PAB) volume cap and ensure efficient deployment of this limited statewide resource.